Easyday Club
Retail
Battle of mergers and consolidations intensify in India’s retail market
The Indian retail market is expected grow and reach US$ 1.4 trillion by 2023 at a compound annual growth rate (CAGR) of 10.7 percent between 2020-2023. Following the acquisition of Flipkart by Walmart in 2018, the fast-growing and lucrative...
Retail
Future Retail explores, evaluates various opportunities for stake sale
Future Retail, responding to reports of talks to sell a stake in the firm to Reliance Industries Ltd (RIL), on Thursday said it continues to explore and evaluate various opportunities.
According to a PTI report: Responding to the BSE over...
Retail
Future Group in advance talks with RIL to sell stake in Future Retail, other units: Report
The Future Group is in advance talks with Mukesh Ambani's Reliance Industries to sell stakes in Future Retail and some other units, according to industry sources.
According to a PTI report: The Kishore Biyani-led group, which already has a partnership...
Retail
Future Retail to raise up to Rs 650 crore to reduce debt
Debt-ridden Future Retail on Wednesday said its board has approved raising up to Rs 650 crore by issuing non-convertible debentures (NCDs) to pare debt. The NCDs will be issued on private placement basis in one or more tranches, Future...
Food
Amazon, Future Group in talks over Future Retail stake sale
Kishore Biyani-led Future Group has started talks with Amazon for selling stake in Future Retail Ltd to the US-based e-commerce major, industry sources said. The two parties initiated talks earlier this week for a stake in Future Retail, they...
Food
Anticipated lockdown extension, adequate stock in place, say retailers
Retailers on Tuesday assured there is enough inventory to meet the demand during the extended lockdown period, stating they had stocked up in anticipation of such a move from the government to curb the spread of coronavirus pandemic.
According to...
Retail
Future Retail Q3 net profit down 16.7 pc to Rs 164.56 cr
Kishore Biyani-led Future Retail Ltd on Thursday reported a 16.72 percent decline in consolidated net profit at Rs 164.56 crore for the third quarter ended December. The company had reported a net profit of Rs 197.60 crore in October-December...
Food
IMAGES Group honours Indian food & grocery retailers at Coca-Cola Golden Spoon Awards
To honour innovative retail concepts and creative food retailers, food & grocery retail professionals IMAGES Group presented awards on February 05, 2019 on Day 1 of India Food Forum 2019.Here is the list of awardees:IMAGES Most Admired Food &...
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Hong’s kitchen opens new outlet at Delhi’s Rohini
Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
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